Elliott Eyes Bet on Pipeline Carrying Russian Gas 
 

The deal involves a package of infrastructure in Bulgaria, including Russia's last operational natural-gas link to Europe.

 
AMC Networks Profit Shrinks as Linear TV Fades 
 

AMC Networks recorded a smaller profit in the first quarter on a lower base of revenue as steady declines in the linear-TV model continue to overwhelm gains in streaming.

 
Panasonic Holdings to Cut 10,000 Jobs Globally 
 

The company said it would carry out the measures mainly in the current fiscal year targeting 5,000 employees in Japan and 5,000 overseas.

 
Google Faces Potential $3.3 Billion Antitrust Lawsuit in Italy 
 

Price comparison site operator Moltiply Group is suing Alphabet's Google over what it called anti-competitive behavior.

 
Wolfspeed Stock Plunges as Analysts Weigh In. Chip Maker's Debt Is the Worry. 
 

The company was promised $750 million from the government under Joe Biden's Chips Act, but receiving it may be a problem.

 
IAG to Buy 53 Planes Despite Market Uncertainty 
 

British Airways owner International Consolidated Airlines said it ordered the planes to bolster its long-haul fleet after earnings rose.

 
CoStar Agrees to Buy Australian Advertiser Domain for $1.9 Billion 
 

U.S. real-estate analytics provider CoStar agreed to buy property advertiser Domain in a sweetened deal.

 
Iberdrola to Sell U.K. Smart-Meters Rental Business to Macquarie in $1.2 Billion Deal 
 

The Spanish energy company expects to complete the sale of SP Smart Meters Assets to the Australian investment bank in the third quarter.

 
Trio of Italian Banks Beat Forecasts Amid Takeover Tussle 
 

Mediobanca, Monte dei Paschi and Banca Generali all reported results that topped expectations as the Italian banks seek to make their case in a threeway takeover tussle.

 
Beverage and Snack Giants Defend Sustainable-Packaging Plans Amid Investor Pressure 
 

Coca-Cola, Pepsi and Kraft Heinz, facing criticism from activist investors, say plastic-reduction progress continues

(END) Dow Jones Newswires

May 09, 2025 13:00 ET (17:00 GMT)

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